There was no shortage of news in CU Times’ virtual newsroom this past week.
Maybe the NCUA needs to expand the share insurance fund because it can't effectively regulate its insured institutions.
Alabama business owner receives three year federal prison sentence for kiting checks at his Alabama One CU business account.
Sarah Moore was CFO leading up to one of the largest bank failures in U.S. history.
John Dee Carruth, CEO of Alabama One, speaks out about his temporary suspension, lawsuits against the credit union and a short annual meeting.
Larry Morgan says he'd rather spend time with family. Gov. Bentley appoints an interim ACUA head. Attorneys in Alabama One lawsuits also speak.
The Alabama One CU, target of a fraud investigation, says the ACUA was manipulated by trial lawyers when it suspended, then reinstated, four employees.
Members claim four employees at the $608M credit union, including the CEO and COO, committed loan fraud to avoid overexposure to one member.
Corporate America Credit Union and Louisiana Corporate Credit Union announced late Monday they have called off their merger.
Alabama Credit Union Administrator Larry Morgan, who was chairman of the board for the $3.7 billion Corporate America Credit Union as recently as 2010, denied accusations that he has a conflict of interest acting as regulator on issues between the corporate and the NCUA.